How to move your mortgage and get a better interest rate

Moving mortgage providers is actually pretty easy and can save you £££’s

Manchester Mortgages were contacted by a new client in Didsbury who wanted to review their existing mortgage deal with the NatWest as they felt that they were paying too much but were also potentially wanting to move within the next 18-24 months to ensure that their 9 year old daughter was able to go to their preferred school of choice.

Our industry experienced mortgage adviser met with our client at a time and place convenient to them working round their busy work schedule. One was a Deputy Head Teacher the other a Civil Engineer.

Our Clients had had valuations of their property from 3 local Estate Agents in the Didsbury Area, Jordan Fishwick, Bridgfords and JP & Brimelow.

Our adviser got a full understanding of what our clients financial situations was what their potential borrowing would be should they wish to move in the near future and more importantly what the monthly mortgage payment would be as they would expect to borrow and additional £100,000 to move to the area they wanted.

Our adviser quickly established that our client was paying far too much on their existing mortgage with the NatWest and by remortgaing away from the NatWest they could save £125 per month or continue to pay the same amount and reduce their mortgage term by 4 years saving £1000’s in interest.

It was decided as they were fairly adamant that they would want to move with the next 18 months they did not want to be tied to a particular lender when they did move and be able to consider all their options.

Our Adviser was able to recommend moving their current Mortgage to the Nationwide Building Society who would move them onto a tracker rate mortgage and would save them in excess of 2% on the current rate they were paying with the NatWest.

The Reason for moving the mortgage to the Nationwide Building Society was that they would not be tied to the lender during the tracker rate period and could move their mortgage at anytime without any penalties. The new lender also provided a Free valuation of their property, did not charge an arrangement fee and also paid the Legal Costs for transferring the Mortgage over to them.

Our clients were naturally delighted knowing that they were saving money immediately and also had kept all their options open when they wanted to move.

Why not take the opportunity of a FREE review of your current mortgage arrangements and see if they provide you the opportunity to keep all your options open.

Contact us on 0161 706 0242 and speak to one of our industry experienced mortgage advisers.

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Manchester Mortgages are Alan Dee and Andrew Butterworth.Alan and Andy have both lived in Greater Manchester since they were born. With over 40 years of combined experience in mortgage brokering they are specialists on every part of getting a mortgage in Greater Manchester.

Customer Reviews

I can not recommend Manchester Mortgages enough, from our very first mortgage to our remortgage everything was done so efficiently. No question was a stupid question for Andy he explained everything we needed and constantly kept us updated through out both processes. Literally helped us so much. Thank you again Ash & Jessread more

We dealt with Alan Dee at Manchester Mortgages and I am glad we chose to go with this mortgage broker. I wasn't expecting everything to happen so so fast, which it did. Alan processed everything quickly and efficiently, and he always kept us up to date in regards to what stage we were at with the mortgage process. I'm not thinking of getting a mortgage after this in the future, but if I was to, I would definitely be going back to Manchester Mortgages. Thank you very much for your brilliant service, Alan!read more

Cannot recommend Andrew Butterworth enough. He helped us every step of the way and answered all our questions no matter how silly we thought they were. Would not hesitate to recommend them to anyone. Thank you Andrew for everything.

Manchester Mortgages have been great we didnt think we would get a mortgage but Andrew helped us to achieve this. Andrew as been great all the way through the process and has even helped sort out our life insurance and building and contents insurance. Nothing is too much trouble for him. Would definitely recommend this company.read more

Alan has made the impossible possible for paul and I. We had contacted several mortgage brokers to no avail until Alan was recommended to us. We are so glad we asked for his expertise and services because we are due to complete on the house of our dreams in 4 weeks time with a mortgage offer for much more than we ever thought possible. Thank you so much Alan we will be recommending you to anyone and everyone. Paul and Jordanread more

I was recommended Alan Dee at Mortgages 4U by a friend. He was really quick every time I contacted him to answer. I took my time ot think about things and he wasn't at all pushy, just allowed everything to work in my time and was quick when I was ready to move forward. There was no hassle with getting it sorted - he pretty much sorted everything for me. I'd certainly recommend him to others. Thanks!read more

I dealt with Andrew from Manchester Mortgages. As a First time buyer, I didn't have a clue about mortgages. Andrew was extremely knowledgeable, speedy and efficient. Nothing was too much of an ask. He made the mortgage process an easy one! I now have a mortgage in place thanks to Andrew. I am so happy I decided to use Manchester Mortgages and I would recommend them to anyone!read more